Banks, Fintechs expand grassroots banking with Mobile Apps
Banks and other financial institutions especially Financial Technology Companies (FinTechs) are taking advantage of the rising use of mobile apps by their tech-savvy customers by […]
Banks
‘Banks to reprice loans after rate hike’
•LCCI: Rate hike will not reduce inflation •Difficult time for farmers Banks are likely to review rates for loaned funds after the Central Bank […]
CBN: Banks granted N28.12tr loans to businesses in 12 months
Banks loans to businesses stood at N28.12 trillion in the last one year, Central Bank of Nigeria (CBN) Deputy Governor, Financial System, Stability, Mrs. Aisha […]
‘Why banks must invest in identity theft, financial fraud prevention’
Worried by the rise in financial fraud as a result of identity theft, DataPro Limited, a compliance solutions and technology-driven rating agency in Nigeria has […]
Afrinvest report: Banks show strength in NPLs, liquidity ratios
The Afrinvest 2022 Banking Sector Report (BSR) has shown that commercial banks recorded modest improvement in all regulatory indicators despite daunting economic challenges. The report’s […]
Agusto upgrades Wema Bank’s bond rating
•Records N95.354b gross earnings in Q3 Agusto & Co has upgraded Wema Bank Funding SPV Plc’s Series II Bond to ‘Bbb+’ with a stable outlook, […]
FITC to banks: Adopt CBN’s cybersecurity framework to tackle rising cybercrime
•Links cybercrime uptick to digitisation of banking services The Financial Institutions Training Centre (FITC) has reiterated the rising spate of digital risks fueled by digitization […]